Mazda Swings to Net Loss in April-June
Tokyo, Aug. 6 (Jiji Press)--Mazda Motor Corp. said Tuesday that it swung to a net loss in the April-June period, hit by U.S. President Donald Trump's steep tariffs and a stronger yen.
The Japanese automaker posted a consolidated net loss of 42.1 billion yen for the three months, the first loss for the fiscal first quarter since 2020, during the COVID-19 pandemic. In the same quarter of 2024, the company reported a profit of 49.8 billion yen.
(2025/08/06-12:15)
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